The housing market in Middleport continues to see strong price appreciation, with values up 11.8% compared to last year. Home prices have increased 56.6% in the past month alone. At the current pace, all available homes in Middleport would sell out in just 0.2 months, indicating a continued supply shortage. Homes are now taking an average of 14 days to sell, significantly longer than the 4 days typical for this market. Only 0.0% of listings saw price reductions, suggesting sellers are confident in their pricing. The majority of homes (80.0%) sold above asking price, a clear sign of competitive bidding. Affordability remains a significant challenge in the Middleport market with the affordability index at 651.5. Based on current market indicators, home prices in Middleport are projected to decrease by approximately 21.0% over the next month.